Union Money Market Fund - Direct Plan - Weekly IDCW Option
Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Union Mutual Fund. It's been running since 27 Aug 2021.
Vs 86 other funds in Debt Scheme - Money Market Fund
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Union Money Market Fund - Direct Plan - Weekly IDCW Option against other debt funds.
Technical details (for the pros)
Fund info
- Fund house
- Union Mutual Fund
- Category
- Debt Scheme - Money Market Fund
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- —
- ISIN (Div re-invest)
- —
- Fund code
- 149121
- First price on record
- 27 Aug 2021 · 38 daily prices
About Union Money Market Fund - Direct Plan - Weekly IDCW Option
Union Money Market Fund - Direct Plan - Weekly IDCW Option is a Debt Scheme - Money Market Fund offered by Union Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
The current NAV of Union Money Market Fund - Direct Plan - Weekly IDCW Option is ₹1000.2588 (as of 22 Oct 2021). Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 0.4% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Union Money Market Fund - Direct Plan - Weekly IDCW Option?+
The latest NAV of Union Money Market Fund - Direct Plan - Weekly IDCW Option is ₹1000.2588 as of 22 Oct 2021, up 0.01% from the previous day. NAV is updated once a business day after the market close.
What category does Union Money Market Fund - Direct Plan - Weekly IDCW Option belong to?+
Union Money Market Fund - Direct Plan - Weekly IDCW Option is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
How risky is Union Money Market Fund - Direct Plan - Weekly IDCW Option?+
Based on its 3-year annualised volatility of 0.4%, Union Money Market Fund - Direct Plan - Weekly IDCW Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Union Money Market Fund - Direct Plan - Weekly IDCW Option a direct plan?+
Union Money Market Fund - Direct Plan - Weekly IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Union Money Market Fund - Direct Plan - Weekly IDCW Option?+
Union Money Market Fund - Direct Plan - Weekly IDCW Option has NAV history available from 27 Aug 2021 — approximately 5 years of track record and 38 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.